Hungry_For_Trade

Hungry For Trade Today we know that corporations, for good or bad, are major influences on our lives. For example, transnational corporations account for 30 percent of the world output. In this era of globalization, marginalized people are becoming especially angry at the motives of multinational corporations, and corporate led globalization is being met with increasing protest and resistance. Ralph Nader’s quote, “the world doesn’t have free trade, it has corporate managed trade,” might be perceived by some as an exaggeration. However, in all actuality it is extremely accurate. TTNCs are gaining more and more control in the game of free trade. Organizations such as the WTO, IMF, and the World Bank have biven TNCs the capability of exerting control over free trade that has not always been there. While the strategies aren’t nearly as apparent in developed countries, the power TNCs have is more apparent in peripherial countries. The impact the TNCs have on the WTO is staggering. “Transnational corporations have a powerful influence on the WTOs agenda. While it is ministers and their officials who conduct bsiness at WTO meetings, representatives from major corporations are often there to lobby for decisions trade, wto, world, tncs, corporations, free, countries, while, states, been, people, should, profits, madeley, international, food, major, however, developing, corporate, united, trips, transnational, trading, security, powerful, often, nations, knowledge, issues, issue, globalization, environment, discriminate, decisions